This is the second edition of the best-selling book by one of the world's most renowned market analysts, John Murphy. It is fully updated in accordance with the current market realities. The book introduces the reader to the world of visual investment, presents a variety of methods of graphical analysis. The author shows how to read charts that help to make investment decisions, how to determine the direction of markets by visually comparing charts without using complex formulas and techniques. The book clearly shows the reader that visual analysis of financial markets can be carried out independently and it is not so difficult. In fact, it is only necessary to determine which markets are growing and which are not. Visual analysis is the best way to understand this . The book, written in a simple and understandable language, is addressed to both specialists in the field of investment and trading, and individual investors, as well as those who are interested in these issues.